ALKT Q1 2024 Earnings — Alkami Technology, Inc. Revenue & Financial Results | Market Cap Arena

ALKTAlkami Technology, Inc.

$2B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$76M+26.9% YoY

Gross Profit

$44M57.8% margin

Operating Income

-$12M-16.2% margin

Net Income

-$11M-15.0% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+6.7%

Cash Flow

Operating Cash Flow

$951,000

Free Cash Flow

-$718,000

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$398M

Total Liabilities

$75M

Stockholders' Equity

$323M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$76M	$60M	+26.9%
Gross Profit	$44M	$32M	+37.0%
Operating Income	-$12M	-$17M	+26.2%
Net Income	-$11M	-$17M	+32.6%

Revenue Segments

SaaS Subscription Services

$73M96%

Implementation Services

$2M2%

Service, Other

$1M2%